[Newsletter]
The Consolidation
Issue 004·Jun 29, 2026
UTXO settles the first Bitcoin Depositary Receipt through DTC.
Inside the first Bitcoin Depositary Receipt to settle through DTC, the STRC flash crash and Strategy's disciplined response, and what 50-50 CLARITY odds mean for the fall calendar.
Read issue 004 →[ Past Issues ]
Issue 003·Jun 15, 2026
SpaceX joins the Bitcoin treasury leaderboard
SpaceX discloses 18,712 BTC, Strive switches on daily dividends at 13% annualized, and Metaplanet acquires a Japanese broker — the treasury playbook goes multinational.
Issue 002·Jun 2, 2026
Strategy sells BTC
What Strategy's first sale in four years actually signals, the CFTC's green light for regulated Bitcoin perpetuals, and UTXO's first institutional position in Bitcoin staking on Stacks.
Issue 001·May 18, 2026
Strategy crosses 843k BTC.
Strategy's $2B accumulation week, the CLARITY Act clearing committee 15–9, MARA's pivot to AI — and why corporate bids are holding the floor while ETF flows turn negative.